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Kenda Rubber Industrial Co Stock

Kenda Rubber Industrial Co ROA 2024

Kenda Rubber Industrial Co ROA

0.02

Ticker

2106.TW

ISIN

TW0002106002

In 2024, Kenda Rubber Industrial Co's return on assets (ROA) was 0.02, a 177.65% increase from the 0.01 ROA in the previous year.

Kenda Rubber Industrial Co Aktienanalyse

What does Kenda Rubber Industrial Co do?

Kenda Rubber Industrial Co Ltd was founded in Taiwan in 1962 and has since become one of the world's leading tire manufacturers. With a wide range of tires and tubes, the company has customers in over 160 countries worldwide. Kenda has specialized over time in various sectors of the tire market and offers tires for bicycles, motorcycles, cars, and trucks. One of Kenda's key features is that the company offers a comprehensive range of products. The various product lines include not only tires and tubes, but also other components such as wheels and rims. Kenda takes their products very seriously and sets high standards for safety, quality, and performance. The company also participates in numerous research and development projects to ensure that their tires meet the highest standards. Another distinctive feature of Kenda is the wide application of their products. Kenda covers a variety of different applications and markets. This includes recreational and all-terrain vehicles such as dirt bikes, ATVs, and golf carts, as well as tires for lawnmowers, shopping carts, and even strollers. Kenda's product range is continuously expanding to meet the changing needs of the market. To guarantee the quality of its products, Kenda works closely with various research institutions. The company has also opened branches worldwide to be present in as many markets as possible and better serve its customers. As a company focused on quality and innovation, Kenda prides itself on manufacturing products that meet and exceed its customers' expectations. In recent years, Kenda has also improved its environmental friendliness. The company has implemented a sustainable manufacturing policy that involves responsible use of energy resources, waste reduction, and environmentally-friendly production processes. The environmentally-conscious manufacturing process means that no harmful chemicals are used and that the products are eco-friendly. In conclusion, Kenda Rubber Industrial Co Ltd is a company that focuses on quality, innovation, and customer satisfaction. With a wide range of products, global presence, and a focus on sustainability, the company is constantly moving forward. Kenda is an important player in the tire market and is expected to provide the best tires to many customers worldwide in the future. Kenda Rubber Industrial Co ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Kenda Rubber Industrial Co's Return on Assets (ROA)

Kenda Rubber Industrial Co's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.

Year-to-Year Comparison

Comparing Kenda Rubber Industrial Co's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.

Impact on Investments

Investors consider Kenda Rubber Industrial Co's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.

Interpreting ROA Fluctuations

Variations in Kenda Rubber Industrial Co’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.

Frequently Asked Questions about Kenda Rubber Industrial Co stock

What is the Return on Assets (ROA) of Kenda Rubber Industrial Co this year?

The Return on Assets (ROA) of Kenda Rubber Industrial Co is 0.02 undefined this year.

What was the ROA of Kenda Rubber Industrial Co compared to the previous year?

The ROA of Kenda Rubber Industrial Co has increased by 177.65% compared to the previous year.

What consequences do high ROA have for investors of Kenda Rubber Industrial Co?

A high ROA is advantageous for investors of Kenda Rubber Industrial Co, as it indicates that the company efficiently utilizes its assets and generates good profits.

What are the consequences of low ROA for investors in Kenda Rubber Industrial Co?

A low ROA can be unfavorable for investors of Kenda Rubber Industrial Co as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.

How does an increase in the ROA of Kenda Rubber Industrial Co affect the company?

An increase in ROA of Kenda Rubber Industrial Co can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Kenda Rubber Industrial Co impact the company?

A reduction in the ROA of Kenda Rubber Industrial Co can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Kenda Rubber Industrial Co?

Some factors that can influence the ROA of Kenda Rubber Industrial Co include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Kenda Rubber Industrial Co important for investors?

The ROA of Kenda Rubber Industrial Co is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.

What strategic measures can Kenda Rubber Industrial Co take to improve ROA?

To improve ROA, Kenda Rubber Industrial Co can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.

How much dividend does Kenda Rubber Industrial Co pay?

Over the past 12 months, Kenda Rubber Industrial Co paid a dividend of 0.48 TWD . This corresponds to a dividend yield of about 1.75 %. For the coming 12 months, Kenda Rubber Industrial Co is expected to pay a dividend of 0.47 TWD.

What is the dividend yield of Kenda Rubber Industrial Co?

The current dividend yield of Kenda Rubber Industrial Co is 1.75 %.

When does Kenda Rubber Industrial Co pay dividends?

Kenda Rubber Industrial Co pays a quarterly dividend. This is distributed in the months of September, October, August, July.

How secure is the dividend of Kenda Rubber Industrial Co?

Kenda Rubber Industrial Co paid dividends every year for the past 17 years.

What is the dividend of Kenda Rubber Industrial Co?

For the upcoming 12 months, dividends amounting to 0.47 TWD are expected. This corresponds to a dividend yield of 1.72 %.

In which sector is Kenda Rubber Industrial Co located?

Kenda Rubber Industrial Co is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von Kenda Rubber Industrial Co kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Kenda Rubber Industrial Co from 7/12/2024 amounting to 1 TWD, you needed to have the stock in your portfolio before the ex-date on 6/17/2024.

When did Kenda Rubber Industrial Co pay the last dividend?

The last dividend was paid out on 7/12/2024.

What was the dividend of Kenda Rubber Industrial Co in the year 2023?

In the year 2023, Kenda Rubber Industrial Co distributed 1 TWD as dividends.

In which currency does Kenda Rubber Industrial Co pay out the dividend?

The dividends of Kenda Rubber Industrial Co are distributed in TWD.

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Andere Kennzahlen von Kenda Rubber Industrial Co

Our stock analysis for Kenda Rubber Industrial Co Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Kenda Rubber Industrial Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.